(2 months, 2 weeks ago)
Commons ChamberMy hon. Friend is spot on. It is the anxiety that it causes people. They do not know if they will live another 18 months or 25 years. People on fixed incomes, with no ability to raise that income, are very worried about spending money. There is also a large and, sadly, growing cohort of elderly residents who are developing dementia, and one of the early symptoms, often, is financial anxiety, including in people whom we would think of as really quite wealthy. I have known residents who have regressed to thinking that they are still living under rationing because they grew up as a lad in abject poverty, and they will not spend money. Being told, “Here’s £300 for fuel,” makes a world of difference to those people.
I was not a fan of Gordon Brown, who once gave a derisory 75p increase to pensioners, but this policy was a huge success—credit to him. That is why my Government never changed it. For £300 for every pensioner, we give incredible peace of mind that they can put their heating on—
Does my hon. Friend worry, as I do, that some of our constituents will die this year as a result of this policy?
I do not think that I need to worry; I think we know that will happen, because we know about their behaviour and their concerns about putting the heating on, and their lack of understanding of how much every heating bill will cost them. This £300 was psychologically very important to knowing that they could put their heating on to keep them healthy and out of hospital. Of all the tough decisions that we had to consider when we came into office in 2010, when there was no magicked-up, home-made £22 billion black hole excuse—there was a vast deficit and we had to make a lot of tough decisions—we never made this one.